Vedanta Limited has given a good weekly closing above its year 2010 resistance level after a good consolidation . Usually Such Multi year Breakouts are good for positional trading Potential upside targets according to Fibo are Target 1- 640 to 650 Target 2 ~800 As this is a multiyear breakout so it will may take months to reach those levels So be patient...
#M_M trading above Resistance of 2202 Next Resistance is at 2948 Support is at 1453.80 Here are previous charts: Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined. Disclaimer: This is for demonstration and educational purpose...
Exide Industrie s, a leading manufacturer of storage batteries in India, has made significant investments in its wholly-owned subsidiary, Exide Energy Solutions Limited (EESL). These investments are strategic moves to capitalize on the growing electric vehicle (EV) market and position Exide as a key player in the country's transition towards cleaner energy. The...
VCP pattern in Daily time frame is developing in ROLEXRINGS The Volatility Contraction Pattern (VCP) is a technical chart pattern often used in share trading to identify stocks that are preparing for a breakout. Key points from analysis: Lower high LH is formed RSI monthly and Weekly above 60 - indicating strong momentum . Share holding pattern - Public-...
"Just a few days ago, we analyzed HDFC Bank and predicted that its stock, HDFC, would rally. And sure enough, it delivered! HDFC surged by 7% and filled a significant price gap, showing strong momentum. Now, the big question is: Where will HDFC go next? A key hurdle lies at the 1800 level. If it can break through this resistance, we could see a substantial price...
Strong Bullish Sentiments, Supply and Demand speaks 66,000 Volume Support Confirmed 66000 incoming Tight SL
On daily and Weekly timeframe Ethena( XETR:ENA ) making fall wedge and made a breakout, already had 50% pump from bottom, still has room to grow we can see aroun 0.65-0.7$ range and range can be a bit of resistance, also Ethena team getting lot of good project and work based on there top tier skills as they developed product UStb fully backed by BUDL(blackrock) in...
In Jan 2023, NIFTY_TOTAL started outperforming Nifty Pulled up repeatedly despite election uncertainty, FIIs pulling out and many FADs Finally, in the last week of Sep 2024, this has closed under the WBBB Almost a 2 year trend has come to a close What this means, will be known in a few weeks, if not sooner. Do you know what this means? What happened...
A double top is a bearish reversal pattern in technical analysis, indicating a potential trend change from bullish to bearish. Here’s a breakdown of the pattern: Formation: It forms after an uptrend when the price reaches a high point (the first peak), then declines to a support level (the trough), and rises again to a similar high point (the second peak) before...
A double bottom is a bullish reversal pattern that typically forms after a downtrend. It resembles the letter “W” and indicates that the stock price has hit a support level twice before moving higher. Here’s a breakdown of the pattern: First Bottom: The price falls to a new low and then rebounds. Second Bottom: After the rebound, the price falls again to...
Gujarat Apollo Industries Ltd. - Fundamental Analysis Gujarat Apollo Industries Ltd. is primarily engaged in the manufacturing of mining and road construction machinery. Here are some key fundamental aspects of the company: Financial Overview: Revenue: The company has shown a decline in revenue over the past few quarters1. Net Profit: The net profit has been...
There is no guarantee in Stock market and Nothing over week. STOCK TO STUDY (EDUCATIONAL PURPOSE ONLY, NOT BUY OE SELL RECOMMENDATIONS) GRANULES INDIA LIMITED TARGET RS 585 CMP RS 556.10 ENTRY RANGE RS 550-562 STOP LOSS RS 530 Disclaimer: I am not Sebi Registered.
Hero moto corp in a channel pattern and still 10 % of target pending now at discount zone.
📊 Script: VEDL Key highlights: 💡⚡ 📈 Multi Year BreakOut in Weekly chart. 📈 Price consolidated for 17 weeks before giving a BreakOut 📈 RS Line was making 52WH 📈 One can go for Swing Trade. BUY ONLY ABOVE 515 ⏱️ C.M.P 📑💰- 514 🟢 Target 🎯🏆 – 30% ⚠️ Stoploss ☠️🚫 – 14% ⚠️ Important: Always Exit the trade before any Event. ⚠️ Important: Always maintain your Risk &...
Nifty Bank formed a triangle kind of pattern which resembles a fifth wave after a good bullish swing. If the triangle pattern breaks, there is an opportunity for a long position. Note: For paper trading and educational purposes only.
As we see on daily time frame its has formed a Bearish Harmonic pattern and even FII Long short percentage has reaching its Highly Overbrought senario where we can expect a good correction in coming days. Support and resistance levels are marked in chart, note after a retracement it may try to make double top means again may retest all time high and from there we...
Charts looks good 👍. Double Bottom formation breakout possible in coming days. Good entry above 302.
Idfc first bank is at strong support may bounce back from hear. but we will wait untill it start trading above 200 ema and break the trendline